Portugal: Motorcycle And Bicycle Market 2025

Motorcycle And Bicycle Market Size in Portugal

For the sixth consecutive year, the Portuguese motorcycle and bicycle market recorded growth in sales value, which increased by 41% to $X in 2021. Over the period under review, consumption showed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Motorcycle And Bicycle Production in Portugal

In value terms, motorcycle and bicycle production reached $X in 2021 estimated in export price. Overall, production showed strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 43%. Over the period under review, production attained the maximum level in 2021 and is expected to retain growth in the near future.

Motorcycle And Bicycle Exports

Exports from Portugal

In 2021, after two years of decline, there was significant growth in overseas shipments of motorcycles and bicycles, when their volume increased by 38% to X units. Overall, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 38%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, motorcycle and bicycle exports soared to $X in 2021. Over the period under review, exports saw a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X units), France (X units) and Germany (X units) were the main destinations of motorcycle and bicycle exports from Portugal, with a combined 88% share of total exports. Italy, the UK, Poland, Belgium, the Netherlands and Mauritius lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritius (with a CAGR of +1,385.8%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Germany ($X) were the largest markets for motorcycle and bicycle exported from Portugal worldwide, with a combined 71% share of total exports. These countries were followed by the Netherlands, Italy, the UK, Belgium, Poland and Mauritius, which together accounted for a further 22%.

Mauritius, with a CAGR of +3,175.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average motorcycle and bicycle export price stood at $X per unit in 2021, with an increase of 6.7% against the previous year. In general, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motorcycle and bicycle export price increased by +81.0% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 24%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+120.4%), while the prices for the other major destinations experienced more modest paces of growth.

Motorcycle And Bicycle Imports

Imports into Portugal

For the fourth consecutive year, Portugal recorded growth in purchases abroad of motorcycles and bicycles, which increased by 30% to X units in 2021. Over the period under review, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2016 with an increase of 35% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, motorcycle and bicycle imports surged to $X in 2021. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2017 with an increase of 34%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Spain (X units), China (X units) and Italy (X units) were the main suppliers of motorcycle and bicycle imports to Portugal, with a combined 90% share of total imports. These countries were followed by Romania, France, Belgium, the Netherlands, Austria, India, Poland, Taiwan (Chinese) and Indonesia, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +112.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of motorcycles and bicycles to Portugal, comprising 52% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Austria, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.1% per year) and Austria (+21.0% per year).

Import Prices by Country

In 2021, the average motorcycle and bicycle import price amounted to $X per unit, shrinking by -3.1% against the previous year. In general, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 55%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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